Parents can help their college-age children monitor spending habits, avoid identity theft, and learn from their money mistakes.
Recent volatility should prompt investors to put their performance in perspective, check their exposures, and update their watchlists.
Beware the dangers of complacency, remember the virtues of defensive holdings, and resist the temptation to overreach for yield, says Morningstar's Christine Benz.
College remains a good long-term investment, but years of stagnant wages and student debt await recent graduates.
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